average not invaded by nap average 1838 1853 1822

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: 9 1861 Invaded by Nap., average: Not invaded by Nap., average: 1838 1853 1822 1820 1826 1853 1862 1862 -0.398 -0.174 -0.661 0.306 Historical background Cross-country evidence Within-Germany Evidence Reforms in Germany Conclusion Years of Fr. presence, corr: The Consequences of Radical Reform: The French Revolution 100 Figure 1: Reforms index, Germany Daron Acemoglu, Davide Cantoni, Simon Johnson, James Robinson Introduction Historical background 20 Cross-country evidence Within-Germany Evidence 0 40 60 80 Rhineland Rest of Prussia Westphalia Baden Saxony Hanover Bavaria Württemberg Reforms in Germany 1800 1850 Year Years of French presence: 1900 0 3 6 19 Conclusion The Consequences of Radical Reform: The French Revolution Daron Acemoglu, Davide Cantoni, Simon Johnson, James Robinson Introduction Historical background Cross-country evidence Within-Germany Evidence Reforms in Germany Conclusion The Consequences of Radical Reform: The French Revolution Daron Acemoglu, Davide Cantoni, Simon Johnson, James Robinson Introduction Historical background Cross-country evidence Within-Germany Evidence Reforms in Germany Conclusion The Consequences of Radical Reform: The French Revolution Daron Acemoglu, Davide Cantoni, Simon Johnson, James Robinson Introduction Historical background Cross-country evidence Within-Germany Evidence Reforms in Germany Conclusion Econometric Model: IV First stage Rjt = dt + δj + ψ · t · Tt >1800 · Ij + ηjt The Consequences of Radical Reform: The French Revolution Daron Acemoglu, Davide Cantoni, Simon Johnson, James Robinson Introduction Where t is a linear time trend, which is interacted with the treatment indicator Ii , and Tt >1800 is a dummy for post-1800 dates, Alternatively, we can run a use a full set of treatment*year dummies as instruments with an overid test, we can test whether all of the effects of French invasion in Germany are working through French-imposed institutions Second stage yjt = dt + δj + φ · Rjt + υjt Historical background Cross-country evidence Within-Germany Evidence Reforms in Germany Conclusion The Consequences of Radical Reform: The French Revolution Table 9 Within-Germany Impact of French Revolution: Urbanization in 8 regions Dependent variable: Urbanization (Percent living in cities above 5000 inh.) FE FE FE, overid FE, overid W of Elbe W of Elbe (1) (2) (3) (4) Panel A: OLS estimation Reforms Index 0.368 0.419 0.368 0.419 [0.13] [0.15] [0.13] [0.15] Panel B: First stage Years of French Presence x post-1800 dummy x time trend Panel C: 2SLS estimation Reforms Index 0.711 [0.25] 0.575 [0.17] Historical background Within-Germany Evidence 8 94 7 82 0.693 [0.21] 0.608 [0.18] Reforms in Germany 0.529 p-value overidentification test Number of Countries Number of Observations Introduction Cross-country evidence 0.878 [0.24] 0.658 [0.21] Daron Acemoglu, Davide Cantoni, Simon Johnson, James Robinson 0.428 Conclusion 8 94 7 82 IV Results Table 9 shows the results of the IV regressions. Panel A shows the OLS regression of urbanization on the reform index....
View Full Document

This document was uploaded on 02/28/2014 for the course ECON 2328 at Harvard.

Ask a homework question - tutors are online